---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-266242"
form_type: "8-K"
ticker: "UVV"
cik: "0000102037"
company_name: "UNIVERSAL CORP /VA/"
filed_at: "2021-09-07T23:59:59+00:00"
generated_at: "2026-06-29T05:23:59.852032+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Universal Corporation to acquire Shank's Extracts for approx. $100M to boost plant-based ingredients platform

## Summary
- Acquires 100% of Shank’s for ~$100M cash; real property acquired separately for ~$13.325M.
- Shank’s is a 120-year-old flavoring & extracts company with over 2,400 products, strong vanilla expertise.
- Shank’s employs 200+ at a 191,000 sq ft campus in Lancaster, PA; will operate under Universal’s plant-based platform.
- Deal expected to close Q4 2021, subject to regulatory approvals; anticipated accretive to earnings in FY2023.

## SEC filing metadata
- accession: 0001193125-21-266242
- form_type: 8-K
- ticker: UVV
- cik: 0000102037
- company_name: UNIVERSAL CORP /VA/
- filed_at: 2021-09-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/102037/000119312521266242/0001193125-21-266242-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/102037/000119312521266242/d216193d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-266242
- JSON: https://secwatch.observer/filing/0001193125-21-266242.json
- Plain text: https://secwatch.observer/filing/0001193125-21-266242.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.